Which of the Following Statements Is Correct When Estimating the Difference

question 2

Multiple Choice

Which of the following statements is correct when estimating the difference between two population proportions p₁ − p₂?

• A) We must take two independent samples.
• B) We count the number of successes in each sample.
• C) The sampling distribution of the difference of sample proportions is approximately normally distributed for large sample sizes.
• D) All of these choices are correct.

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Definitions:

Units-Of-Output Method

A depreciation method where the expense is calculated based on the units produced by the asset.

Depreciation Expense

This is the allocation of the cost of a tangible asset over its useful life.

Revenue

Income generated from normal business operations, usually from the sale of goods and services to customers.

Lessor

An entity or individual that leases or rents out an asset to another party, known as the lessee.